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nyc-hotshot

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nyc-hotshot

Re: petermic post# 210

Wednesday, 05/28/2008 5:15:21 PM

Wednesday, May 28, 2008 5:15:21 PM

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Its got to be market makers covering their short positions driving this recent push. The stock is definitely on the reg sho threshold list, so the MMs would have to be forced to cover their shorts sometime.

I think the MMs probably tried to hold out as long as they could and now they are screwed and are getting forced to cover. The sky could really be the limit as they cover because if the people actually holding the stock arent selling the buy ins could keep pushing it up.

-------------------------------
I am holding the stocks I discuss on this board, unless stated otherwise. I am not giving any investment advice. Penny stocks are risky investments. Do your own research before buying any stock.

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